Search For "eclgs"
MSME credit declines by 6 pc in Q1 on Covid-19 impact: Motilal Oswal
Updated : 5 years, 7 months ago IST
Mumbai (Maharashtra) [India], Oct 14 (ANI): Total credit to micro, small and medium enterprises (MSMEs) in the country declined 6 per cent year-on-year in the first quarter of current fiscal year and 3.4 per cent quarter-on-quarter, Motilal Oswal Financial Services said on Wednesday.
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Banks sanction Rs 1.77 lakh crore to MSMEs under ECLGS: Nirmala Sitharaman
Updated : 5 years, 8 months ago IST
New Delhi [India], September 25 (ANI): Union Finance Minister Nirmala Sitharaman on Thursday said that around Rs 1.77 lakh crore credit has been sanctioned by Public Sector Banks (PSBs) and private banks to MSMEs and individuals reeling under the slowdown caused by the coronavirus pandemic.
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FM Sitharaman asks banks to roll out loan resolution schemes by mid-Septem
Updated : 5 years, 8 months ago IST
New Delhi [India], September 3 (ANI): Finance Minister Nirmala Sitharaman on Thursday asked bankers to roll out loan resolution schemes by September 15 and COVID-19 related distress must not impact their assessment of borrowers' creditworthiness.
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Loans worth Rs 1 lakh crore disbursed under ECLGS to offset COVID-19 distr
Updated : 5 years, 9 months ago IST
New Delhi [India], Aug 20 (ANI): Banks from public and private sectors have sanctioned loans worth over Rs 1.5 lakh crore under the Emergency Credit Line Guarantee Scheme (ECLGS) of which more than Rs 1 lakh crore has already been disbursed, the government said on Thursday.
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Raise ECLGS loan limit further, apparel export council urges Centre
Updated : 5 years, 9 months ago IST
New Delhi [India], August 2 (ANI): The Apparel Export Promotion Council (AEPC) on Sunday thanked the Centre for raising the outstanding loan limit to Rs 50 crore for availing Emergency Credit Line Guarantee Scheme (ECLGS).
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Banks have disbursed Rs 77,613.06 cr out of Rs 1,27,582.60 cr sanctioned u
Updated : 5 years, 10 months ago IST
New Delhi [India], July 22 (ANI): Banks have disbursed Rs 77,613.06 crore as of July 20 out of Rs 1,27,582.60 crore sanctioned under the 100 per cent Emergency Credit Line Guarantee Scheme (ECLGS), the office of Finance Minister Nirmala Sitharaman said in a tweet.
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Public sector banks sanction loans worth Rs 10,361.75 cr under ECLGS
Updated : 5 years, 11 months ago IST
New Delhi [India], June 3 (ANI): Public sector banks have sanctioned loans worth Rs 10,361.75 crore under the 100 per cent Emergency Credit Line Guarantee Scheme, said Finance Minister Nirmala Sitharaman's office on Wednesday.
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